TORA Introduces New Generation Portfolio Management System for Funds

TORA, a leading global provider of advanced investment management technologies, is launching a new Portfolio Management System (PMS). Fully integrated with their OEMS platform, the new system will provide a completely unified user experience for all fund trading requirements.

The differentiated functionality of the new system includes:

-A real time general ledger (GL) that delivers trial balances, a full balance sheet and income statements. There is also the ability to show and reconcile the shadow NAV, all features essential for today’s hedge funds.

-Time series reporting, a central new feature clients will be able to access historical Profit & Loss snapshots over any time period. The cached data storage means that bespoke reports can be produced faster and more efficiently, including all data such as NAV, exposure and fees.

-There is greater support for complex SWAP contracts and clear customisable dashboards. The system also comes with a large number of pre-defined intuitive charts for clients to select from and has the ability to customise.

Ovidiu Campean, Director, Global Head of Product Management at TORA stated :“We are very excited to launch the new PMS system. The team has been working extremely hard over the last 12 months to deliver cutting edge and advanced features. We have worked closely with our client base to ensure we have a ‘best of breed’ product.”